Wheat futures in the US were at $6.95 per bushel, bouncing near the 20-month low of $6.65 touched on March 9th amid expectations of a strong Brazilian supply. Russia also reported it has no objection to extending the grain deal that places a safe trade corridor for exports of grain out of Ukrainian Black Sea ports. Ukraine is one of the world’s top exporters and the current deadline is March 18th deadline. Ukraine, like Russia reported to have a stronger … Continue reading “Wheat Bounces Near 20-Month Low as Ukrainian Black Sea Port Deal Extended”